San Fernando Valley Business Journal

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By Mark Madler April 20, 2015 midnight   $$ Share

Stratolaunch Taxis to Runway

AEROSPACE: Work nearing end in Mojave on world’s largest jet plane.

The world’s largest plane will soon taxi down a runway in Mojave.

Startup Sees Stock Vaporize

INVESTMENT: Dilution takes toll on vaping company.

Vapor Hub’s products may replace cigarettes, but its finances could still go up in smoke.

Valley Pot Delivery Delivers Cash

CANNABIS: Speed Weed still in business despite city’s crackdown.

Logistics software powers Speed Weed’s system for delivering pot.

Golf Complex Operator Wins Round

Mike Bernback fears more litigation from city in contract feud.

Ready Golf prevails in a four-year lawsuit against the city.

Golden State Opportunity For Florida?

Gov. Rick Scott visits Valley group to talk business friendliness.

Why a local business group provided a podium to Florida Gov. Rick Scott.

Electronics Firm Powers Accelerator

NEO Tech puts together Make In L.A. to focus on manufacturing.

Micro manufacturer NEO Tech sets up an in-house accelerator.

The Number

Desert neighborhoods look to conserve water.

In the Sweet Spot

FOOD: The Candy Factory has leveraged its Hollywood appeal, serving award shows and making celebrity-branded chocolates.

When movie stars want a chocolate, they call NoHo’s Candy Factory.

Disney Makes Big Bet on Fantasy Draft Website

TRANSACTION: Media giant gets in on action with $250 million stake in DraftKings.

The investment by Walt Disney Co. in fantasy sports betting startup DraftKings Inc. may not be huge, but it offers to attract the younger online demographic that most media companies and advertisers seek.

DIY Trend Blossoms at Westlake Village ‘Bar’

EXPANSION: Shop for do-it-yourself florists opens at revamped shopping center.

Luna Garden Events, an event-planning company, will open its first retail outlet this summer in Westlake Village following the “do-it-yourself” trend now popular in retail.

SPECIAL REPORT: Latino Power

L.A.’s growing Latino population has more buying power than many realize. But developers are catching up with a trend changing retail.

Latino supermarkets have become anchors at cross-cultural centers across the greater Valley.

SPECIAL REPORT: Bilingual Consultant Works Both Sides of Deals

Roberto Litwak helps Latin American retailers connect with U.S. shoppers.

Rising Vacancy Rate Belies Busy Start to Year Across Valley

Several large deals got the year off to a bright start in the San Fernando Valley, despite a surprising jump in the vacancy rate.

Mom and Pops Play Catch Up as Larger Firms Make Big Moves

Morton Capital Management exemplifies the Conejo Valley office market.

Pickup in Leasing Finally Absorbing Glendale Office Surplus

Burbank and Glendale’s office markets continued their recovery, highlighted by large deals completed last quarter.

Suburban Market Grows as Area Attracts Outside Companies

With several of the Santa Clarita Valley’s leading industries recovering, the office market made incremental progress last quarter that appears to be setting the stage for future gains.

Tenants High and Dry in High-Desert Market Lacking Choices

There was little activity in the Antelope Valley industrial market during the quarter despite the economic recovery – for good reason. There simply is little desirable product available.

Around the Valleys

News and notes from the greater San Fernando Valley

The U.S. Fish & Wildlife Service said that a snail found at a proposed gold and silver mine may warrant protection under the Endangered Species Act, possibly slowing the opening of Golden Queen Mining Co. Ltd.’s Soledad Mountain project.

Calendar

Calendar of events

Mickey Mouse to House Bet

Feeling sorry for Walt Disney.

The New Reality in Southern California

Customers will face a mix of surcharges and incentives to reduce water consumption permanently.

Will free markets or government regulation solve the drought?

An Alternative View: Let the Market Rule

Will free markets or government regulation solve the drought?

Glendale Wins State Lawsuit

REDEVELOPMENT: Ruling could return millions to California cities.

A lawsuit victory by Glendale could boost the budgets of cities across the state.

Chips Stack Up In Vitesse Deal

TECHNOLOGY: Acquisition by Microsemi beefs up companies.

The buyout of Vitesse Semiconductors by Microsemi anticipates the “Internet of Things.”